$USDOLLAR Bullish Wolfe Wave @ Geo's Off-Set Rule

FX:USDOLLAR   Dow Jones FXCM Dollar Index
Hello Traders,

A while back I posted a Bearish Wolfe Wave on the Dollar Index             (Linked below). That is a weekly view of strength of the dollar. Zooming in we can see that the dollar is not quite ready to make a move to the downside.

Here we have a perfect setup for a bullish move.

1. The larger Wolfe Completed at 5'. This give the Geo's Off-Set Rule @12211 as a target.
2. The smaller Wolfe Wave in the triangle also gives a signal of bullish moves ahead.

If you'd like to learn more about the Wolfe Wave and Geo's Off-Set rule you can visit the links below:
Comment: Please excuse the grammatical errors in this post.
Thanks iefan, I appreciate the compliment and the support.
Great WW/Geo charting! Very nice spot! Keep the ideas coming, I'll be trading your set-ups!
+1 Reply
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